Corporate Announcement
Security Code : 514043    Company : HIMATSEIDE    
 
Announcement under Regulation 30 (LODR)-Scheme of ArrangementDownload PDF Download XBRL
  Exchange Received Time  01/08/2018 15:20:57         Exchange Disseminated Time   01/08/2018 15:21:01              Time Taken   00:00:04
Notice of the scheme inviting objections or suggestions
Notice is hereby given by Himatsingka Seide Limited ('Transferee Company') that a scheme of arrangement is proposed to be entered with its wholly owned subsidiary Himatsingka Wovens Private Limited ('Demerged Company') whereunder the retail business division of the Demerged Company is proposed to be transferred to the Transferee Company by way of a demerger. In pursuance of sub-section (1)(a) of Section 233 of the Companies Act, 2013, objections or suggestions are invited in respect of the scheme.
A copy of the scheme of demerger is enclosed.
Objections or suggestions are invited from:
(i) the Registrar of Companies, Karnataka;
(ii) the National Stock Exchange;
(iii) the Bombay Stock Exchange;
(iv) The Securities and Exchange Board of India;
Any person mentioned in (i), (ii), (iii) or (iv) above, desirous of providing objections or suggestions in respect of the scheme should send Company.
 

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